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(a) If the Lease is rejected in connection with a bankruptcy proceeding by the Tenant or a trustee in bankruptc' foi itr" Ten"ant, ,u"t, ,."i."iion shall be deemed an assignment by Tenant to the Lender ofthe leasehold estate under the Lease and all ofrenant's interest under the Lease, in the nature of an assignment in lieu olfore"rorure, -a tr"i"^e shall not terminate and the Lender shall have all the rights of the Lender under this Agreement and the Lease as if such bankruptcy proceeding had not occurred unless the Lender shall reject tu"rr a"".J assignment by notice in writing to Landlord within thirty (30) days followin!rejegtion ofthe Lease by Tenait or-Tenant's trustee in bankruptcy' If any court of competent jurisdiction shall determin" tttaiineLease shall have been terminated notwithstanding the terms of the p."r.aing ,"rri.nce as a result of rejection by Tena-nt or the trustee in connection with any such proceeding, the rights of Lender to a n"*-l'*, from Landlord pursuant to Section 5 hereof shall not be affected therebY. (b) If the Lease is rejected by Landlord or by Landlord's trustee in bankruptcy: (i) Tenant shall not have the right to treat the Lease as t"t lnuttA except with the prior written-consent of Lender; and the right to treat theLease as terminated in such event sirall be deemed assigned to Lender' whether or not specifically set forth in any such t-"ur"t otJ Uortgage, so that the concurrence in writing of Tenant and Lender shall be required as a condition to treating ti" L"ut" as terminated in connection with such proceeding; and (ii) ifthe Lease is not treatei us t"tniinated' then the Lease shall continue in effect upon all of the terms and """ait[", set forth ft"t"in, in"fuOing rent, additional rent and all options to renew' but excluding r"qui."rnrni, that are not then uppii"uUt" pertlnent to the remainder of the term hereof' Thereafter, Tenant o, ii. ,u.""rsors shall u" "ntiir"ito any offsets against rent and additional rent payable hereunder for any Aurnu"g"rlririnffro,n *"tt ,."3""tion una.ly such offset properly made shall not be deemed a default underihe Leasel The lien orunv leasehold.mortgage then in effect shall extend to the continuing por..rroryrigfrtr "ii""unt following such rejection.with the same priority with respect to each such leasehold *origug. as it would have Jnjoyed had such rejection not taken place' 7. casualtv Insurance. All casualty insurance shall.name Lender as an insured to the extent of its interest and all ffi""d. tl**of shall U" piiAq Lender.and apptied to the reduction of the indebtedness then due it by Tenant; providedlfiJifUt. premises, by'reason of partial destruction can be restored to their originat cfndition wittrout to* or r".rrity ror the indebtedness then owing, such proceeds may be applied to the costs of restoration purruunt to plans and specifications first approved in writing by Lender and then by it disbursed to the reconstruction contractor as restoration work progresses on a schedule satisfactory to Lender' 8. condemnation. In the event of condemnation of any part or all of the premises leased' the entire amount ofjust compensation awardld rhall be applied to ihe secured indebtedness to the extent that the security of Lenier stratt Ue deemed by it;; b" iqqit:d by said taking for public use; provided' however, that damages a*arded for land .onA"tn.a shali belong to Landlord and not be applied to the secured indebtedness. g. conflicts with Ground Lease. All provisions in the Ground Lease which are in direct conflict with the terms of this agreement .rtiri u. nutt *o void with respect to the rights of the Lender as set forth herein o. t-"noo,, ,u"r".rorc in interest or purchasers at_rearization proceedings. Any additional amendments to the Ground Lease between Lanatoro'and Tenant shall have no force and effect unless approved in writing tV i""A"t except fo, p"tioJi. rental readjustments required by the Terms of the Ground Lease' l0.NoticetoLender.AllnoticestobesenttoLendershall any substitut" uaa*tt6-ittt"a to the Landlord by Lender in writing' SUBORDINATION OF REVERSIONARY INTEREST (ELLENSBURG) 12 I 8',1 - 5 4 87 |LEG AL | 2 40 47 I 2 1 .2 be sent to the address below, or PAGE 5